Financial Code section 14007

“Obligation” means any contractual obligation to the credit union for money borrowed or credit extended or guaranteed from its members, including, but not limited to, loans, lines of credit, agreements to extend credit, and lease agreements.

Source: Section 14007, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=14007. (updated Jan. 1, 1984; accessed Nov. 3, 2025).

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Up to date

Verified:
Nov. 3, 2025

§ 14007's source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_14007

Original Source: Section 14007, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=14007. (last accessed May 12, 2025).